President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin ... to meet the needs of the United States.” If Treasury Secretary Scott Bessent ...

"For far too long the United States ... the half-cent and made the penny smaller to reduce the amount of copper needed, according to the U.S. Mint. Canada stopped making one-cent coins in 2012.

Donald Trump has announced on his social network "Truth Social" that he will stop producing one-penny coins. "For too long, the United States of America has been hoarding pennies that cost us more ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime. Advocates for ditching the penny cite its ...

FILE - A lone penny is illuminated in a bin of completed pennies at the U.S. Mint in Denver, Aug. 15, 2007. (AP Photo/David Zalubowski) ...